OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

OPEC projects India’s oil demand to grow 3.4% in 2025, double China’s rate, driven by transport, manufacturing, and ...

Oil prices fell on Thursday on expectations for a U.S.-Iran nuclear deal that could result in sanctions being eased, while a ...

We make a start by noting that some aspects of the US oil market show signs of tightening. Starting with the Baker Hughes oil ...

The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...

OPEC projects India to lead global oil demand growth in 2025 and 2026, significantly surpassing China. Driven by a robust ...

OPEC report said India's crude imports set a record high of 5.4 million bpd in March, following a month-on-month increase of ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

MOSCOW, May 14. /TASS/. Oil production by the eight OPEC+ countries, which voluntarily reduce oil production, totaled 30.807 million barrels per day (bpd) in April, which is 475,000 bpd above the ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

At the same time, OPEC has revised downward its forecast for oil supply growth from non-OPEC+ countries in 2025 and 2026 by 0.1 mln bpd, lowering it to 0.8 mln bpd. In absolute terms, supply from ...

Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...